Investments
30Partners & Customers
1Latest Morningstar Ventures News
May 16, 2022
Jambo , a Congo-based Web3 super app for the African market, raised $30m in Series A funding. The round was led by Paradigm with participation from ParaFi Capital, Pantera Capital, Delphi Ventures, Kingsway Capital, Gemini Frontier Fund, BH Digital, Graticule Asset Management Asia, Shima Capital, Morningstar Ventures, Coinbase Ventures, Tiger Global, and Alameda Research. The company plans to use its funding to: Double the team across Africa by end of the year Expand into 15+ additional cities by the end of the year with the goal of having over 200K active community members, students, and ambassadors affiliated with its educational efforts Hire the engineers needed to the app that will enable Africans to trade crypto, buy and sell NFTs, experience play-to-earn crypto games, and access top-notch global web3 applications that we are bringing to Africa Led by Alice and James Zhang, Jambo is building a Web3 super app that will educate, bank and entertain the African continent. The company aims to make an influential Web3 user acquisition portal across the continent and to serve as the bridge between Africa and applications from around the world seeking to tap into the continental market. FinSMEs 16/05/2022
Morningstar Ventures Investments
30 Investments
Morningstar Ventures has made 30 investments. Their latest investment was in Jambo as part of their Series A on May 5, 2022.
Morningstar Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/10/2022 | Series A | Jambo | $30M | Yes | 3 | |
4/26/2022 | Seed VC - III | Foonie Magus | $10M | Yes | 1 | |
4/12/2022 | Seed VC | Embed | $4.5M | Yes | 1 | |
4/6/2022 | Pre-Seed | |||||
3/11/2022 | Seed VC |
Date | 5/10/2022 | 4/26/2022 | 4/12/2022 | 4/6/2022 | 3/11/2022 |
---|---|---|---|---|---|
Round | Series A | Seed VC - III | Seed VC | Pre-Seed | Seed VC |
Company | Jambo | Foonie Magus | Embed | ||
Amount | $30M | $10M | $4.5M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 3 | 1 | 1 |
Morningstar Ventures Acquisitions
1 Acquisition
Morningstar Ventures acquired 1 company. Their latest acquisition was Coin.fyi on November 09, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
11/9/2021 | Acq - Fin | 1 |
Date | 11/9/2021 |
---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acq - Fin |
Sources | 1 |
Morningstar Ventures Partners & Customers
1 Partners and customers
Morningstar Ventures has 1 strategic partners and customers. Morningstar Ventures recently partnered with Humans.ai on February 2, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
2/11/2022 | Client | Romania | Humans.ai Boosts Middle East Presence with Morningstar Ventures Partnership The new partnership will see Humans.ai benefit from Morningstar Ventures 's lengthy track record of helping multiple blockchain companies broaden their reach in recent years . | 1 |
Date | 2/11/2022 |
---|---|
Type | Client |
Business Partner | |
Country | Romania |
News Snippet | Humans.ai Boosts Middle East Presence with Morningstar Ventures Partnership The new partnership will see Humans.ai benefit from Morningstar Ventures 's lengthy track record of helping multiple blockchain companies broaden their reach in recent years . |
Sources | 1 |
Morningstar Ventures Team
1 Team Member
Morningstar Ventures has 1 team member, including current Founder, Chief Investment Officer, Danilo S. Carlucci.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.